Transcript eSBTR
DEPARTMENT OF REGISTRATION AND STAMPS Understanding eSBTR DEPARTMENT OF REGISTRATION AND STAMPS Launch of eSBTR at IDBI DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS BACKGROUND Department collects Stamp Duty & Registration Fees against various services it offers. Type of Duty/Fee Stamp Duty Registration Fees Existing Mode of Payment Medium of Payment Stamp Paper CASH Franking CASH DD CHQ E-Stamping CASH DD CHQ Challan CASH DD E-Challan CASH DD Direct CASH DD E-Challan CASH DD CHQ ONLINE ONLINE DEPARTMENT OF REGISTRATION AND STAMPS BACKGROUND New Model of eSBTR Type of Duty/Fee New Mode of Payment Medium of Payment Stamp Duty eSBTR (Both) Registration Fees CASH DD ONLINE (All) CHQ DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS INTRODUCTION • eSBTR It is an electronic secured bank and treasury receipt, issued by the Officer of the participating bank, on special Government stationery, on payment of Stamp Duty in Virtual Treasury. DEPARTMENT OF REGISTRATION AND STAMPS BENEFITS Secured Stationery 24*7 Both Payments possible Easy Reconciliation Faster Revenue Collection Inventory Management Layout Standardisation DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS KEY STAKEHOLDERS • • • • • • • Citizen Main dealing Offices (GSO, CoS, SRO, Treasury) Department of Registration & Stamps Virtual Treasury Office Participating Banks ISP, Nashik Sub Agents/Vendors/Other FIs DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS WORKING MODEL • Integration with existing robust systems – GRAS of Govt. & CBS of Bank • Stamp Duty Payment should be Rs 5000/- or more • Attractive commission scheme for Banks & Vendors • Both Online & Over the counter Modes DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS Life Cycle of eSBTR – Online Mode GSO, Mumbai ISP Bank HQ Supply Print Stationery Branch 1 Distributed Stationery Guardian Branch 3 Bank Server Proof of Pymnt generated Dtls + Pymnt Payment Fill Details Citizen Branch 2 Bank Portal Dtls + CIN Submitted GRN Treasury (GRAS) Returned to Citizen Proof of Payment Defacement SD/RF Payment OR Retained by Citizen SRO eSBTR OR Submitted Other Departments eSBTR Printed DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS Life Cycle of eSBTR – Offine Mode Branch 1 Branch 2 Bank HQ GSO, Mumbai ISP Supply Distribute Branch 3 Stationery Guardian Citizen Payment in Cash/Cheque Fill details manually Visit Branch Print Stationery Form Details + payment + CIN Returned to Citizen Bank Officer GRN Generated Treasury (GRAS) eSBTR attached to Original doc Defacement SD/RF Payment OR Retained by Citizen SRO eSBTR OR Submitted Other Departments Print eSBTR DEPARTMENT OF REGISTRATION AND STAMPS Sample eSBTR DEPARTMENT OF REGISTRATION AND STAMPS DEPARTMENT OF REGISTRATION AND STAMPS Verification of eSBTR • Verify stationery security features like – State Emblem of Sarnath Lions in the right bottom corner of eSBTR (Visible in bright light background) – Perforated Department’s logo in right top corner – Micro fibres scattered in stationery (Visible in bright light background) • Both the Stationery numbers printed on eSBTR should exactly match • Verify other details on eSBTR against details on document DEPARTMENT OF REGISTRATION AND STAMPS Defacement & Locking in ISARITA • Enter GRN & Challan Amount in iSARITA and check the payment details • If correct, proceed with Registration to lock the eSBTR • Physically deface the eSBTR • Attach defaced eSBTR with the document DEPARTMENT OF REGISTRATION AND STAMPS